GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lufax Holding Ltd (NYSE:LU) » Definitions » Forward Dividend Yield %

Lufax Holding (Lufax Holding) Forward Dividend Yield % : 53.97% (As of Apr. 28, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Lufax Holding Forward Dividend Yield %?

As of today (2024-04-28), the Forward Annual Dividend Yield of Lufax Holding is 53.97%.

As of today (2024-04-28), the Trailing Annual Dividend Yield of Lufax Holding is 7.61%.

LU's Forward Dividend Yield % is ranked better than
99.03% of 206 companies
in the Credit Services industry
Industry Median: 3.765 vs LU: 53.97

Lufax Holding's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

During the past 12 months, Lufax Holding's average Dividends Per Share Growth Rate was -82.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Lufax Holding's Forward Dividend Yield %

For the Credit Services subindustry, Lufax Holding's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lufax Holding's Forward Dividend Yield % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Lufax Holding's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Lufax Holding's Forward Dividend Yield % falls into.



Lufax Holding Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Lufax Holding Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1562023-10-112023-10-122023-10-30Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Lufax Holding's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.312/4.68
=6.67 %

Current Share Price is $4.68.
Lufax Holding's Dividends per Share for the forward twelve months is calculated as $0.156 * 2 = $0.312.

Lufax Holding's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.156/4.68
=3.33 %

Current Share Price is $4.68.
Lufax Holding's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.156.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lufax Holding  (NYSE:LU) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Lufax Holding Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Lufax Holding's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lufax Holding (Lufax Holding) Business Description

Traded in Other Exchanges
Address
Jinxiu East Road, Lane 2777, Pudong New District, Shanghai, CHN
Lufax Holding Ltd is a technology-empowered personal financial services platform in China. The company address the large unmet demand for personal lending among small business owners as well as salaried workers in China and provides tailor-made wealth management solutions to China's middle class and affluent population. Its platform has two hubs namely Retail Credit Facilitation Hub and Wealth Management Hub.